Nexo Exchange is growing.  They have added 14 market pairs including SOL, EOS, DAI, TRX, LINK, XLM, USDP, TUSD and more of your favorite digital assets.

Previously Nexo expressed:  Nexonians, we recommend you closely monitor the assets you have used as collateral for your Instant Crypto Credit Lines™. Due to the increased market volatility, you may have to place additional collateral or use our Collateral Exchange feature.

We also want to remind you about our Automatic Collateral Transfer feature which will move assets from your savings to your credit wallet if necessary to prevent automatic repayments. Keep an eye on the price moves and act accordingly.

For those who do not know, the Whitelisting feature allows you to make fast and easy transfers to your trusted addresses.  The additional features – Extra Security and Cooling-off period – add another layer of protection to your account

Community Reaction:  What about this reduction on the interest for the capital over 50k$? As well as the cut of the 2% bonus for interest paid in NEXO? Did see any communication or receive any mails on this topic. Because I haven’t received something about that.

Always prepare for big dips, borrow only a small percentage of your stack to sleep well at night. Price on crypto exchanges can be manipulated by hedge funds. Leveraged longs are forced to sell. Financial institutions may also create huge downforce. Be prepared.

What about Song Bird? When are we getting our songbird tokens, we need our SGB? You magically swapped away all of our SGB for your own benefits. how about giving us our Songbird token so we can cover any risk?

I tried looking at my SGB Songbird Token but I cannot see them? What is the error? Nexo.

Will be closing my Nexo account if there is no Songbird by the 12th of December. I have better, more honest companies to do business with.

For clarity, Songbird is the Canary Network of Flare, and it is an operational Blockchain network. The token works on two unique protocols, which include the Flare Time Series Oracle (FTSO) protocols and F-Assets. They are critical to provide stability and security to the token.

Songbird is intended to be a long-term network and has other core uses. First it is intended to applications that launch on Flare.  In fact, many of them consider Songbird to be a long-term asset and are quite positive due to the testing results of the Flare. There are investors who managed to get hold of the token through airdrop and hoping that they will get good returns on their investments.